Sold #ATOM to Buy gCOTI the Governance token for COTI...
Hey All,
Well when you have a dream, you must fulfill it, putting all your energy into making it a reality. And the same applies to my dream to having 100K+ gCOTI tokens and here I am selling all my stake in #ATOM 165+ tokens to grab gCOTI the governance token of the project COTI aka aka (Currency of the Internet). Being the governance token it allows users vote on important decisions in COTI's Treasury. The more gCOTI a user has staked, the more voting power they get. Apart from that it also gives the opportunity to its users to increase their percentage in APR rewards for staking both the tokens which is COTI & GCOTI. I am more interested in increasing my APR rewards that can go up to above 50% APR; yes thats true and in my case is only possible when I have 100K+ gCOTI staked along with my 100K+ #COTI tokens. I'll talk about it in more detail in my next post showcasing how far I have reached and what APR rewards I am getting.
ATOM for 17K+ gCOTI tokens..
I initiated the sell of #ATOM two days ago and then used the pay.coti to bring gCOTI to my wallet. First I had to move ATOM to Binance and there I sold ATOM for USDT and then bought COTI tokens from all the sale proceeds. After that I had to move #COTI ERC-20 tokens from Binance to my Ether wallet to swap all the COTI for gCOTI and then move over all the 17K+ gCOTI tokens to my COTI wallet via the coti bridge. Yes, its that complicated and one mistake here and there could lead to loss of funds hence one needs to very carefully while performing all these crypto transactions. Right now the situation is that I am very close to hitting my GOAL of 100K+ gCOTI and definitely a post about it is coming out tomorrow - so stay tuned. This should be it for todays post and until then its just #HODL and #BUILD my #coti #gcoti stake and wait and watch what happens next... #coti #gcoti to the mooon sooon....bye bye #ATOM... cheers
Have Your Say on #COTI, #gCOTI token - HODL Vs SELL?
Are you invested in #COTI token? Did you know about this bridge on the COTI platform that lets you to transfer your COTI from centralized exchange to a DEX? Are you staking COTI vs gCOTI? Would love to hear your thoughts around it in the comment box below? Cheers
Sold #ATOM to Buy gCOTI the Governance token for COTI...
#coti #gcoti #payment #howto #transfer #crypto #cryptoofinternet #hodl #binance #bridge #currencyofinternet
Best Regards
Image Courtesy:: coti.pay, void, congecko, medium, binance
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects.
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